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Question 105

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On September 1, the beginning inventory for Tevonian Company was 110 units at $200 each. Purchases and sales during September were:
Use the following information to answer: On September 1, the beginning inventory for Tevonian Company was 110 units at $200 each. Purchases and sales during September were: -What is the cost of ending inventory for Tevonian Company on September 30 if the periodic LIFO costing method is used? A) $28,640 B) $22,080 C) $26,480 D) $26,000
-What is the cost of ending inventory for Tevonian Company on September 30 if the periodic LIFO costing method is used?


A) $28,640
B) $22,080
C) $26,480
D) $26,000

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